Viximo Raises $5 Million From North Bridge and Sigma Partners
Viximo is a virtual goods solutions website that sells virtual goods platform for social networks, online dating websites, and social gaming services. The company has raised $5 million in funding earlier this week from North Bridge Venture Partners and Sigma Partners. A partner at North Bridge, Dayna Grayson replaced the former CEO of Viximo Rob Frasca as a result of the funding round.
Viximo launched in October 2008 and has embeddable gift stores with virtual goods. Viximo has partnerships in place with several Facebook applications too. They have partnerships with My Sports Career, Birthday Calendar, and World Winner according to TechCrunch. They have also created a development platform named VixML. VixML makes it easy for amateur developers to create basic applications with little knowledge of programming.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry